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If I win the lottery, I would choose to invest my money in a diversified portfolio of stocks, bonds, and real estate to grow my wealth over time.
What else can I help you with?
Whats the best way to get started investing in stocks for beginners?
The best way is to build a "paper portfolio." This is a scholastic exercise in which you create a pretend account, buy stocks with a fixed amount of money, and track how they perform. Once you can consistently make a pretend profit in your paper portfolio, you're ready to invest real money in real stocks. When you do invest money, I would start with companies that are in industries you already know about. Build a paper portfolio with those companies; choose a few that perform well and invest in them. A great website you can practice this would be on www.updown.com.
What should you invest 1k in?
i need to have a deal or something that would generate daily income- In general, you have to have money to make money. With $1K, you might as well try to win the lottery or gamble - it is not enough to make a solid, long term investment. Even a small hotdog stand would cost more due to licensing, and inventory. Save more, examine your possibilities based on your talents and skills.
What are the different methods of investing money?
There are multiple ways of investing money, and it really depends on how much you would like to invest. One of the most popular ways to invest money is in Real Estate. You can also consider stocks, but I would suggest finding a good financial adviser to assist you in making these investments.
Why and how would like to invest money?
Why: a. To save money for your future b. To earn more money using the your hard earned money How: a. You can invest in bank deposits b. In the stock market as stocks, mutual funds etc c. In gold and other precious metals d. Etc.
When would it be a good idea to invest your money instead of putting it in a savings account?
It would be a good idea to invest your money instead of putting it in a savings account when you are looking for potentially higher returns over a longer period of time and are willing to take on some level of risk.
Why do lottery winners usually take an immediate smaller cash payout instead of a larger payout paid periodically over time?
The larger payout amount is an "estimated value" based on the smaller actual payout plus interest. If you take the larger payout, you are essentially allowing the lottery holders to invest your money. The risk is if the lottery goes bankrupt, you will get nothing. Also, I assume most people would prefer to invest their own money and keep all of it.
What extravagant items would you purchase if you won a massive pot of money in the lottery?
If you won a large sum of money in the lottery, you might choose to buy extravagant items like luxury cars, designer clothes, a mansion, or expensive jewelry.
What is better to invest in gold or silver coins?
That depends on the amount of money you have. If you have lots I would invest in gold but if you don't have much to spend I would invest in silver.
What are some tips for how to invest your money?
If you know how it works, I would invest it in the Stocks Market. You can make huge wins :)
Where to invest your tooth fairy money?
I would recommend that you invest your tooth fairy money in college, because eventually you will stop loosing teeth and you will no longer have a steady income of tooth fairy money.
How choose the lotterie numbers?
Random. Seriously, there's no system. If there was, too many people would win and they'd change the process. The lottery is for making money. Giving it away too often ruins that goal for them.
Are mutual fund rates very profitable at this time?
Mutual funds are always a decent option if you have money to invest. They are probable to pay out right now, but are not garenteed. If you have extra money i would invest, but watch your money closely.
Would there be drawbacks to this method why did Athenians choose officials by lottery?
Because it was more fair than having an election. There would not be drawbacks in this method.
Whats the best way to get started investing in stocks for beginners?
The best way is to build a "paper portfolio." This is a scholastic exercise in which you create a pretend account, buy stocks with a fixed amount of money, and track how they perform. Once you can consistently make a pretend profit in your paper portfolio, you're ready to invest real money in real stocks. When you do invest money, I would start with companies that are in industries you already know about. Build a paper portfolio with those companies; choose a few that perform well and invest in them. A great website you can practice this would be on www.updown.com.
Is it wise to invest a large sum of money in penny stocks?
It is not wise to invest a large sum of money in penny stocks, since it is easy for the investments to go bad and one would then lose a lot of hard-earned money.
Why did athenians choose officials by lottery would there be drawbacks to this method explain?
Because it was more fair than having an election. There would not be drawbacks in this method.
Are ge air conditioners worth repairing?
It all depends on the amount of money you need to invest in them to fix them. If you have to invest a lot of money, and are not sure you would make it back, then it may be wiser to sell them as is, and make a little money, or donate or toss them out.
